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Is it possible to terminate a lease agreement without recourse?

20 February 2017

If tenants terminate their lease agreement before expiry, is it possible to do so without being in breach of the contract? According to Adrian Goslett of RE/MAX the answer to the question will depend on the cancellation clause within the lease agreement. "Unless there are grounds for canc...

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'Costs and compliance retard property industry transformation'

20 February 2017

During his State of the Nation address last week President Jacob Zuma commented on the property market noting that less than 5% of the sector is managed by people of colour and Africans in particular. Jan le Roux, Chief Executive of the Real Estate Business Owners of South Africa (REBOSA), conced...

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Reviving brownfield sites to create mixed-use communities

17 February 2017

The South African Property Owners Association's (SAPOA) 2016 Q4 Office Vacancy Report says that the office sector is still firmly entrenched in its recovery phase although this is becoming increasingly fragile as a result of the sectors macro drivers. Hassan Shaikh, founder of Revolve Hassan Shaik...

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Look out for restrictions on your property

17 February 2017

Owning a property does not mean that the owner is entitled to do whatever they want to the property. Every property in South Africa that is privately owned is subject to certain control measures, which may restrict the owner from making the changes they desire. Look out for restrictions on your pro...

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